Nike's Board of Directors declared a quarterly cash dividend on the company’s outstanding Class A and Class B Common Stock of 0.32 dollar per share, on a pre-split basis, payable on January 4, 2016 to shareholders of record at the close of business on December 9, 2015. The dividend represents a 14 percent […]

ANALYSIS Michael Kors Holdings Ltd., Kate Spade & Co. and Coach Inc. all topped analysts’ earnings estimates for the past quarter after all of them cut costs and reduced discounts to boost ailing sales. However, a shadow pends on all of them as many wonder whether this once rapidly growing niche is […]

REPORTThe H&M group’s sales including VAT increased by 12 percent in local currencies in October 2015 compared to the same month last year. The total number of stores amounted to 3,807 on October 31, 2015 compared to 3,437, same month, last year. H & M, founded in Sweden in 1947 along with H&M brand, […]

By now, nearly everyone within the industry has heard of the merger of two of the largest online fashion destinations (unless they have been living under a rock) to form a new entity known as Yoox Net-a-Porter Group. With the new company officially launching on October 5, 2015, the Group now holds what […]

Luxury goods group Burberry reported profits before tax for the first six months ended 30 september were up 9 percent to 154.7 million pounds on revenues of 1.105 billion pounds, compared with 1.100 billion a year ago. Earnings per share rose 14 percent to 26.7 pence. Earnings per share rose 14 percent […]

The newly formed Yoox Net-a-porter Group is growing in leaps and bounds, and is on track ‘to deliver on its significant potential’, said CEO Federico Marchetti in a statement. The luxury e-commerce group, which released its financial results for the first nine months of the year for the first time since […]

American Apparel saw estimated net sales for the third quarter drop 19 percent to 126.1 million dollars (83.4 million pounds), as the company filed a report with the SEC stating that the company’s bankruptcy resulted in missing its reporting deadline for the quarter. With only preliminary results to […]

REPORTThe Tom Tailor Group said that it achieved further growth in the first nine months of 2015 despite the ongoing challenges posed by the market. The company posted sales increases in all segments, with a group-wide increase in revenues of 1.5 percent to 689.6 million euros (741 million dollars). […]

ANALYSISCie. Financière Richemont SA dragged European stocks last Friday after the Swiss luxury group missed forecasts with its latest earnings. In fact, the Geneva-based company prompted a sell off after it said net profit for the six months to September 30 rose to 1.1 billion euros, behind analysts’ […]

In spite of going through some turbulent times in the press, French luxury house Hermès has continued to thrive. Any shareholders with concerns that negative press may affect Hermès image or sales need not worry however, as the luxury fashion house has continued to defy any trend of slipping revenues […]

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